Energy Vault begins building battery energy storage system in Australia

Energy Vault (NRGV) Holdings announced the start of construction of a 200 MW/2 hour battery energy storage system being deployed at ACEN Australia’s New England Solar project. Energy Vault leaders were joined by representatives from ACEN Australia, elected officials and local Anaiwan First Nations leaders at a welcome ceremony to mark the start of construction. Construction has begun on the first of two previously announced Energy Vault deployments at ACEN Australia’s 720 MW New England Solar project near Uralla, New South Wales, with a total planned capacity of 200 MW/2 hours. Once the initial BESS deployment is operational it will be the first large-scale BESS of its kind in the New England Region of New South Wales. The BESS will be charged and discharged on a daily basis and designed to dispatch stored renewable energy at peak consumption hours to help meet the high demand during New South Wales’ peak load hours while reducing the region’s reliance on coal-fired power generation. It is the first large-scale battery storage project to begin construction with the support of the NSW Government’s Emerging Energy Program.